Hotelogix

JANUARY 19, 2025

Identify & Analyze Competition Why it matters: Staying competitive requires understanding your market. Steps to Analyze Competitor Pricing: Track room rates across OTAs and direct websites. Best Practice: Combine multiple strategies to adapt to market fluctuations and guest segments. amenities, luxury).

Minimum Length of Stay 40

Minimum Length of Stay Occupancy Forecasting Revenue 40

Xotels

APRIL 3, 2024

This is done by thoroughly understanding your property, its customers, and the market. Also, gone are the days of selling the majority of your rooms through OTAs. Making sure you get your fair share of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Little Hotelier

OCTOBER 11, 2023

Make more money during peak season with direct bookings OTAs charge a 15-25% commission fee on every booking. Review your length of stay restrictions Length of stay strategies can boost your revenue when you expect a high volume of bookings coming your way. Learn more When is peak travel season for hotels?

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

gcommerce

MAY 3, 2024

However, while these bookings once seemed advantageous, they often come at the expense of reduced profitability for hotels, which prompts a strategic pivot towards maximizing direct hotel bookings over OTA channels. This strategy is more focused on the return of your metasearch marketing efforts.

Minimum Length of Stay 52

Minimum Length of Stay Market Marketing Email Marketing 52

Hotelogix

NOVEMBER 19, 2023

It will help you distribute in real-time on multiple OTAs and metasearch sites. It enables you to adjust rates and marketing strategies to attract more guests during peak/off times. It can also help you to optimize your pricing strategy, as extended stays may be more profitable than shorter ones.

Occupancy 59

Occupancy Maximum Length of Stay Minimum Length of Stay Revenue Management 59

Xotels

APRIL 3, 2024

This is done by thoroughly understanding your property, its customers, and the market. Also, gone are the days of selling the majority of your rooms through OTAs. Making sure you get your fair share of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40